I often joke that I’m on a first-name basis with the man who shuts off my electricity each month – that’s how well I manage my finances. But I am smart enough to “follow the money.” And these days, the money I’m following is flowing into for-profit EMS. American Medical Response (AMR...
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Private-equity firms, whose job is to make money for their shareholders, are ready to infuse more cash into AMR and Rural/Metro. In the 1990s, AMR, Laidlaw, Rural/Metro and other large corporations acquired private ambulance companies and tried to expand into fire service markets. It looks like history is about to repeat itself.